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Fortune Brands Innovations

622 hedge funds and large institutions have $9.49B invested in Fortune Brands Innovations in 2024 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 183 increasing their positions, 207 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more call options, than puts

Call options by funds: $7.79M | Put options by funds: $5.66M

28% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 57

11% more capital invested

Capital invested by funds: $8.52B → $9.49B (+$967M)

2% more funds holding

Funds holding: 612622 (+10)

0.2% more ownership

Funds ownership: 88.79%89% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

12% less repeat investments, than reductions

Existing positions increased: 183 | Existing positions reduced: 207

Holders
622
Holders Change
+10
Holders Change %
+1.63%
% of All Funds
8.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
73
Increased
183
Reduced
207
Closed
57
Calls
$7.79M
Puts
$5.66M
Net Calls
+$2.13M
Net Calls Change
+$2.18M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.29B +$10.2M +127,885 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.05B -$318K -4,005 -0%
State Street
3
State Street
Massachusetts
$459M +$17M +213,307 +4%
JP Morgan Chase
4
JP Morgan Chase
New York
$450M -$9.66M -121,553 -2%
Pictet Asset Management
5
Pictet Asset Management
Switzerland
$418M -$55M -691,932 -12%
Harris Associates
6
Harris Associates
Illinois
$371M -$38.5M -484,762 -10%
Select Equity Group
7
Select Equity Group
New York
$360M +$124M +1,563,394 +58%
Holocene Advisors
8
Holocene Advisors
New York
$243M +$45.6M +573,200 +25%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$236M +$186M +2,336,618 +518%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$198M +$10.7M +134,034 +6%
FMI
11
Fiduciary Management Inc
Wisconsin
$170M +$1.86M +23,370 +1%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$161M -$28.8M -361,924 -16%
Federated Hermes
13
Federated Hermes
Pennsylvania
$152M -$10.8M -136,029 -7%
Invesco
14
Invesco
Georgia
$144M +$54.9M +690,285 +68%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$142M -$7.43M -93,503 -5%
American Century Companies
16
American Century Companies
Missouri
$130M -$4.57M -57,518 -4%
Morgan Stanley
17
Morgan Stanley
New York
$128M -$114M -1,431,678 -49%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$125M +$7.47M +94,022 +7%
Pacer Advisors
19
Pacer Advisors
Pennsylvania
$118M +$16.1M +202,077 +17%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$115M -$4.58M -57,630 -4%
Norges Bank
21
Norges Bank
Norway
$106M +$4.24M +53,414 +4%
EAM
22
Eagle Asset Management
Florida
$101M -$2.31M -29,102 -2%
Northern Trust
23
Northern Trust
Illinois
$96.1M -$25.4M -319,227 -22%
Marshall Wace
24
Marshall Wace
United Kingdom
$93.3M -$13.6M -171,387 -13%
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$81.9M +$27.6M +347,046 +56%

FBIN Hedge Fund Activity: Q1 2024 in Review

622 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q1 2024, worth a combined $9.49B — up 11% from $8.52B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new FBIN positions and 57 closed out — a net gain of 16 holders — while 183 added to existing stakes and 207 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $186M. The largest seller was Morgan Stanley, cutting an estimated $114M.

  • 622 institutional investors held Fortune Brands Innovations (FBIN) as of Q1 2024, up from 612 in Q4 2023.
  • Funds reported $9.49B of Fortune Brands Innovations stock for Q1 2024, up 11% quarter-over-quarter.
  • 73 funds opened new Fortune Brands Innovations positions in Q1 2024 and 57 closed out, a net change of +16 holders.
  • The largest Fortune Brands Innovations buyer in Q1 2024 was Fidelity Investments, an estimated $186M added.
  • The largest Fortune Brands Innovations seller in Q1 2024 was Morgan Stanley, an estimated $114M sold.

Based on aggregated 13F filings for Q1 2024.